Modi wave - Nifty soars 925 points within 7 days

Nifty started its up move on last Friday(9th May 2014)with a gain of 199 points. Up move continued on 12th and 13th with gains 155 points and 95 points respectively. Then there was a pause for two days. Today(also a Friday) Nifty opened at 7270 (a gain of 147 points), moved up to 7564(441 points) as Election results indicated a clear sweep for BJP under the leadership of Narendra Modi, declined slowly to 7131(gain of 8 points only), again moved up to 7265 and closed at 7203 with a gain of 80 points. From the low of 6639 on 8th May to the high of 7564 today there was surge of 925 points. Though today's closing at 7203 is in N1, average is 7347.08 and hence N2(NM?). Intraday movements of Nifty during the last seven days are also given above.

Nifty moving towards centre of N1(7146)

Nifty swings during 2014 so far

Grahanila(Planetary positions) as on 1st May 2014

As on 1st May 2014 Sun,Ketu & Mercury in Aries, Moon in Taurus, Jupiter in Gemini, Mars in Virgo, Rahu & Saturn in Libra and Venus in Pisces. Planetary transits in May: 15th Sun -> Taurus, 4th Mercury -> Taurus, 22nd Mercury -> Gemini, 23rd Venus -> Aries.

The planetary positions given above are at the time of Sunrise in India(Kerala) and conjunction effects on markets may be seen in countries (Asia / Europe / US) over which conjunction(0°)take places. As per above, Nifty may move downwards on 11th and 25th. When the angle difference between Moon and the planet is more than 5 degrees or conjunction occurs in Rasis(constellations) other than the Sun's Rasi, there may be a delay up to 24 hours in the conjuntion effect according to their positions.

Nifty stays at centre of D2(6696)

From 27th March 2014 onwards Nifty stayed at the centre of D2(6696) ie. daily average between 6611 - 6809, though on 27th March low was 6600 and on 10th April high was 6819. Tomorrow is a holiday on account of Good Friday and on 24th on account of Lok Sabha elections in Mumbai. So, Nifty may stay at the centre of D2 till F&O expiry on 23rd.

Wish you all a Happy Vishu

Wish you all a Happy Vishu. Though Sun transits to Aries(Medam) today, at sunrise it is in Meenam(11:29:59°) and hence Vishukkani is tomorrow (Tuesday, the 15th April 2014).

Grahanila(Planetary positions) as on 1st Apr 2014

As on 1st April 2014 Sun in Pisces, Ketu & Moon in Aries, Jupiter in Gemini, Mars in Virgo, Rahu & Saturn in Libra and Venus & Mercury in Aquarius. Planetary transits in April: 14th Sun -> Aries, 4th Mercury -> Pisces, 20th Mercury -> Aries, 27th Venus -> Pisces.

The planetary positions given above are at the time of sunrise in India(Kerala) and conjunction effects on markets may be seen on the countries (Asia / Europe / US) over which conjunction(0°)take places. As per above, Nifty may move upwards on 6th and downwards on 14th and 25th. When the angle difference between Moon and the planet is more than 5 degrees or conjunction occurs in Rasis(constellations) other than the Sun's Rasi, there may be a delay up to 24 hours in the conjuntion effect according to their positions. It is observed that market is very bullish when Mercury or Venus or Mars also moves in to the rasi where Rahu & Saturn are present(Example: Aug&Sept 2013 and Feb&March 2014). Rahu and Saturn will seperate on 12th July 2014 when Rahu moves to Virgo. There is a Lunar eclipse on 15th and a Solar eclipse on 29th. Though Lunar eclipse is visible in northern parts of India Solar eclipse is not visible in India.